(1)Where a deed mentioned in subsection (2) is reduced, the decree of reduction—
(a)may be registered in the Land Register of Scotland, and
(b)does not have real effect until so registered.
(2)The deed is one which—
(a)is voidable, and
(b)relates to a plot of land or lease registered in the Land Register of Scotland.
(3)Subsection (1) applies to an arbitral award which—
(a)orders the reduction of a deed mentioned in subsection (2), and
(b)may be enforced in accordance with section 12 of the Arbitration (Scotland) Act 2010 (asp 1),
as it applies to a decree of reduction.]
Textual Amendments
F1S. 46A inserted (8.12.2014) by Land Registration etc. (Scotland) Act 2012 (asp 5), ss. 54, 122, 123 (with s. 121, sch. 4 paras. 13, 16); S.S.I. 2014/127, art. 2